The Resurgence of the 18-Hour City
A new wave of millennials, business owners, and first-time home buyers in search of urban living are making the move to 18-hour cities.
What is an 18-hour city?
An 18-hour city is a city that offers the same services, amenities, and job opportunities as a 24-hour city, but without the around-the-clock intensity. These cities are quickly gaining popularity, and the surge hasn’t gone unnoticed. Investors and developers are sinking their time, energy, and money into these merging metropolises, which can only mean exciting things in these once overlooked areas.
Why should you consider an 18-hour city?
Lower Cost of Living
Probably the biggest attraction to 18-hour cities is their affordable cost of living compared to 24-hour metropolises. Low listing prices makes these cities the perfect place to invest in real estate, and low rent prices helps young professionals stretch their dollar even more. These affordable prices are not only seen in the real estate industry. The cost of healthcare, utilities, transportation, groceries, and other essential goods and services in 18-hour cities are also easy on your wallet.
Growing Job Market
Low real estates prices combined with an affordable cost of living makes 18-hour cities the ideal place to work. Large numbers of job seekers are flocking to these cities to start their careers, and businesses are following suit by opening or expanding facilities in these locations. Startups and technology companies are particularly drawn to 18-hour cities, as well as healthcare and transportation industries, educational facilities, and commercial real estate companies.
Booming Downtown The heart of an 18-hour city is in its downtown. The problem with many 9-5 cities is that their poorly designed downtown area is not suitable to attract visitors and sustain life after the work day is through. 18-hour cities feature booming city centers that are full of eateries, bars, attractions, hotels, residential units and more.
If you’ve spent any time in a 24-hour city such as New York or Los Angeles, you know that it comes with its fair share of chaos. This might be fun when visiting, but making one of these cities your home might not be the best for you, your family, or your career. Music blasting from the corner bar’s jukebox at 3 a.m., honking horns, and construction noise isn’t always ideal when you have work in the morning.
Get Around with Ease
Thanks to public transportation and the popularity of ride-sharing services, its easier than ever to get around the city without owning your own car. Not only does public transportation help you save on vehicle maintenance and gas costs, unforeseen parking tickets, and garage fees, it also reduces your carbon footprint and contributes to a cleaner and greener society.
Top 18-Hour City Markets
If you’re thinking about making the move to an 18-hour city, here are some of the top picks: Austin, TX Charlotte, NC Denver, CO Portland, OR Nashville, TN Atlanta, GA * Minneapolis, MN